INSURASALES

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Tag: auto insurance

Tariffs on Auto Parts Set to Raise U.S. Car Repair and Insurance Costs

New 25% tariffs on imported auto parts will increase U.S. car repair expenses and insurance premiums, impacting both new and used vehicle markets, with significant effects on states like New York and Florida.

Minnesota Auto Insurance Rates: Trends, Traffic Violations Impact, and City Comparisons

Explore detailed analysis of Minnesota auto insurance rates, including the effects of traffic violations and variations between cities. Learn about affordable liability and full coverage options.

NAIC Reports Increasing Concentration in US Auto Insurance Market 2024

The NAIC's 2024 report reveals growing concentration among US auto insurers, with the top five capturing 63.59% market share and total premiums rising to $359B. Key shifts impact industry competition and market dynamics.

Study Reveals Low Consumer Confidence and High Costs in U.S. Auto Insurance Market

Discover insights from the 2025 Auto Insurance Statistics and Consumer Report on consumer confidence and the steep rise in U.S. auto insurance premiums, illustrating the need for more transparent policies and potential regulatory intervention.

Travelers Insurance Achieves Strong Performance in Q1 2025 Auto Segment

Discover how Travelers Insurance excelled in its personal auto insurance segment in Q1 2025, showcasing a significant improvement in its combined ratio thanks to favorable claims trends.

2024 Trends in U.S. Auto Insurance: Market Concentration and Cost Influences

Discover the latest trends in the U.S. auto insurance market with insight on the top companies' market shares and factors influencing insurance costs in 2024.

Louisiana's Tort Reform Debate: Implications for Auto Insurance Claims

Explore the implications of Louisiana's proposed tort reform on auto insurance claims and industry reform, including the contentious House Bill 34.

Louisiana Auto Insurance Reform Plan Announcement

Louisiana Insurance Commissioner Tim Temple announces a new auto insurance reform plan aimed at tackling rising costs and market instability in the state. The initiative involves key industry stakeholders and is crucial for regulatory compliance.

Florida House Passes Bill to Repeal No-Fault Auto Insurance

The Florida House passed HB 1181 to repeal no-fault auto insurance, risking higher costs for consumers.

Louisiana Lawmakers Consider Auto Insurance Reform Bills

Louisiana lawmakers are pushing for bills to address high auto insurance rates and the impact of lawsuits on costs.